Airbus is to open a second Final Assembly Line (FAL) at its Chinese plant in Tianjin before the end of 2025. CEO Guillaume Faury signed a contract today with the Tianjin Free Trade Zone Investment Company Ltd. and Aviation Industry Corporation of China Ltd. during the...
Airbus will reach 1.000 aircraft deliveries or more in the second half of the decade as demand for narrowbodies remains strong and that for widebodies is expected to recover strongly as well. Short term, the airframer has to deal with supply chain issues, although...
Air Lease Corporation announced its second quarter 2022 results today, with revenues up 13.4% and pre-tax income up 26.4% over 2021. The write-off of the Russian fleet in the first quarter in the wake of US imposed economic sanctions during the Ukraine war amounting...
International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter and...
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